Devon, EX5 2EN

FH Price: £475,000 Guide Price The Dragon Inn represents a rare opportunity to acquire a substantial freehold former public house and restaurant situated on an extensive site of approx.

1.68 acres, in one of East Devon's principal growth locations.

The property occupies a prominent position in Rockbeare, immediately adjacent to the rapidly expanding Cranbrook new community and within an area that has seen significant residential, commercial and infrastructure investment in recent years.

The property comprises a substantial licensed premises and restaurant extending to approx. 7,078 sq.ft. together with extensive external areas, parking and surrounding land.

The scale and configuration of the property, combined with its location and the continuing development of the surrounding area, provide considerable potential for alternative commercial, residential or mixed-use opportunities, subject to the necessary planning consents.

Of particular significance is the amount of development taking place in the immediate vicinity.

Cranbrook has developed rapidly in recent years and is now an established new community, with further major expansion planned and underway.

Much of the land surrounding the Dragon Inn is understood to be subject to Planning Application 26/0534/MOUT, an outline planning application, with all matters reserved, for the construction of 140 residential dwellings including affordable housing, public open space and associated infrastructure Link to Auction sq_4t1u-300926/for-auction-exeter